Xi's speech in Davos receives warm applause

Professor of Cheung Kong Graduate School of Business

"Today President Xi gave a great speech on economic globalization. Globalization is a trend and it has contributed a lot to the world's economic growth. Even if there are many problems, such as being associated with wealth polarization, overall, it benefits the [world] economy a lot and benefits many countries a lot. Xi said China is committed to free trade and an open economy and fighting trade protectionism, which is a good message for the global economy."